Even as many sectors saw costs ease, six areas of Ghana’s economy pushed back, driving producer prices higher in December 2025.
The sectors, electricity and gas, construction, mining and quarrying, transportation and storage, accommodation and food services, and information and communication, stood out, each contributing to a subtle lift in the overall PPI.
At the front of the pack, electricity and gas jumped to 6.1% year-on-year, up from 4.0% in November. While its share of the overall PPI is small, the rise was notable, showing producers in this sector are facing sharper cost pressures than most others.

Construction and mining also recorded steady gains. Construction moved from 0.7% to 1.9%, while mining rose from 2.3% to 3.3%, reflecting ongoing price pressures in core industrial sectors.
Sectors that had been declining began to rebound. Transportation and storage improved from -10.2% to -3.7%, and accommodation and food services climbed from -6.1% to -3.2%. Prices are still below zero, but the rate of decline is slowing, suggesting these sectors are gradually stabilizing.

Even information and communication inched up, from 1.5% to 1.7%, reinforcing the picture of producers seeing modest but steady growth in some areas.
Overall, the All-Activity PPI rose from 1.3% to 1.9% year-on-year. These six sectors highlight a clear divide: energy and industrial costs pushing upward, services slowly recovering, and other areas largely flat or easing.

Headline inflation may seem modest, but beneath the surface, producer prices are rising in key sectors, and these pressures could build further in the months ahead.
